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20i106794 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under S�tion 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or successor legislarion or regulation that governs the same subj�t matter. As used in this <br />Security Instrument, "RFSPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br />under RESPA. <br />(Q) "Successor in Interest of Borrower" means any pariy that has taken ritle to the Properly, whether or not <br />that party has assumed Borrower's obligarions under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument s�ures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under <br />this S�urity Instrument and the Note. For this puipose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />C o u n ty (Tj�pe of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Nine (9), Block Four (4), in University Place, an Addition to the City of <br />Grand Island, Hall County, Nebraska. <br />Parce110 Number:400099469 <br />2420 Sheridan Ave <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />(Street) <br />(Ciry), Nebraska 68803 (Zip Code) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a pazt of the property. All replacements and additions shall also be <br />covered by this S�urity Instnunent. All of the foregoing is refened to in this Security Instrument as the <br />„�, � <br />NEBRASKA-Single Family-Farmie MaeiFreddie Mac UNIFOHM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financial Servica5 <br />Form 3028 1/01 <br />VMP6(NE) (1705) <br />Page 3 of 17 <br />